AB Kuai.Dong
AB Kuai.Dong|Dec 03, 2025 13:57
Do you want to give up BNB and buy SOL? With today's official announcement, more information has surfaced about BNC, the micro strategy company that YZI Labs previously intervened in. YZI Labs, as a shareholder, formally accuses BNC, the micro strategy company behind BNB, of significant responsibility for initiating and managing 10x Capital. According to the disclosure, the asset manager 10x was originally working on a BNB micro strategy, but later privately backed out and wanted the company to invest in SOL. But this summer, 10x Capital promised to specialize in BNB micro strategies, so they deceived YZI Labs and a group of BNB supporters, attracting about $500 million in investment. At present, YZi Labs has very strict requirements, requiring the initiators and asset managers behind BNC to confirm in writing before December 5th that they will continue to implement their original BNB hoarding strategy and prove that they have not sold BNB privately. And the accusations are also very simple and crude. Two senior executives of the company: ·Refuse to modify the asset management agreement that is beneficial to 10x itself but detrimental to the company ·I have privately promoted micro strategy competitors who compete with BNC multiple times ·It is even possible to use BNB's micro strategy BNC's resources to do things unrelated to BNC I didn't expect such a luxurious team configuration this summer. The BNB micro strategy listed company, which is claimed to be the first official investment, turned out to be a group of mediocre teams..
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